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LANDMARK
SPINNING INDUSTRIES LIMITED |
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BALANCE
SHEET (UN-AUDITED) |
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AS ON |
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Note |
31st December |
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30th June |
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2005 |
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2005 |
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Rupees |
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Rupees |
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NON
CURRENT ASSETS |
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FIXED
ASSETS |
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Operating
Assets At W.D.V. |
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152,874,567 |
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152,878,968 |
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LONG TERM
DEPOSITS |
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50,000 |
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50,000 |
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Un-Allocated
Pre-Produdction Expenses |
4&7 |
445,183 |
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72,082,953 |
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153,369,750 |
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225,011,921 |
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CURRENT
ASSETS |
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Loan
& Advances |
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322,676 |
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322,676 |
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Trade
Deposits and Prepayments |
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474,980 |
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474,980 |
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Cash and
Bank Balances |
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78,394 |
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80,434 |
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876,050 |
# |
878,090 |
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CURRENT
LIABILITIES |
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Current
Maturity of Long Term Finance |
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- |
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54,012,252 |
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Trade and
Other Payables |
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3,509,958 |
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3,585,264 |
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Provision
for Taxation |
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232,800 |
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232,800 |
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3,742,758 |
# |
57,830,316 |
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(2,866,707) |
# |
(56,952,226) |
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Contingencies |
6 |
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150,503,043 |
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168,059,695 |
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SHAREHOLDER
EQUITY AND LIABILITIES |
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SHARE
CAPITAL |
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AUTHORISED
CAPITAL |
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15,000,000
(30-06-2005:15,000,000) Ordinary |
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150,000,000 |
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150,000,000 |
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Shares of
Rs.10/- each |
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ISSUED
SUBSCRIBED & PAID UP CAPITAL |
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12,123,700
(30-6-2005 : 12,123,700 ) Ordinary Share |
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121,237,000 |
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121,237,000 |
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of
Rs.10/- each fully paid in cash |
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Accumulated
Loss |
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(165,664,935) |
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(150,798,735) |
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(44,427,935) |
# |
(29,561,735) |
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NON
CURRENT LIABILITIES |
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Long
Term Finance -
Secured |
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- |
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2,986,334 |
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Long
Term Loans - Unsecured
, Interest Free |
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194,930,978 |
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194,635,096 |
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150,503,043 |
# |
168,059,695 |
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The
annexed notes 1 to 9 form an integral part of these accounts. |
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Akber
Ali Hashwani |
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Amin
A.Hashwani |
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Chief Executive |
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Director |
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Place:
Karachi |
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Dated:
February 27,2006 |
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